THE SHEFFIELD FORGEMASTERS LIMITED BENEVOLENT FUND
To provide benefits for employees and former employees of Sheffield Forgemasters (including dependents) who are suffering undue hardship or harm.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,091,712, representing a net increase from the previous year's £1,056,036. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity generated a net income of £35,676, driven by investment gains and income, while incurring £7,504 in total expenditure.
What the accounts disclose
Trustees
- Dr GRAHAM AUBREY HONEYMAN CBEchair
- Gareth Barker
- Ian Robert Nicholls
- JOHN PHILLIP LOVELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £29k | £8k |
| 05/04/2024 | £40k | £8k |
| 05/04/2023 | £21k | £0 |
| 05/04/2022 | £15k | £11k |
| 05/04/2021 | £14k | £3k |
Common questions
Is THE SHEFFIELD FORGEMASTERS LIMITED BENEVOLENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £1,091,712, representing a net increase from the previous year's £1,056,036. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity generated a net income of £35,676, driven by investment gains and income, while incurring £7,504 in total expenditure. Its FY2025 accounts were independently examined.